logologologologo
  • Home
  • Business
  • Markets
  • Exchange
  • Investment
  • Personal Finance

Best Stocks, Crypto, and ETFs to Watch – JETS, Disney, Block, and Bitcoin in Focus

U.S. Global Jets ETF (JETS) turned sharply lower in the mid-20s in November, more than two weeks before Omicron hit the newswires. The fund posted a 13-month low at 19.52 on Dec. 20th and bounced into Christmas, reversing at 50-day moving average resistance last week. A third trip into this critical level appears likely, raising odds for a breakdown that stretches into July 2020 support between 15 and 16. That could mark a low-risk buying opportunity, with the fast-moving infection generating massive herd immunity.

The January Effect will be in full swing this week, potentially lifting a basket of 2021’s biggest losers, especially at the beginning of this annual phenomenon. Dow component Walt Disney Company (DIS) looks like a great play in this regard, dropping to the bottom of the Dow performance list with a 15% annual loss. If you’re looking for even more risk, take a shot at fallen angel Block Inc. (SQ), formerly known as Square, which has punished shareholders with a 26% annual loss and swift decline to a 14-month low.

Walgreens Boots Alliance (WBA) kicks off January earnings in Thursday’s pre-market, reporting Q1 2022 results. The pharmacy chain is expected to report a profit of $1.32 per-share on a $32.7 billion in revenue. The stock ended 2021 on a high note, attracting strong foot traffic as a provider of COVID-19 vaccines and boosters. However, Morgan Stanley downgraded WBA just two weeks ago, projecting zero earnings-per-share (EPS) growth through 2023.

Bitcoin cycles are slowly turning in favor of buyers, raising odds for an oversold bounce that could generate intermediate profits. The crypto king has been holding support at 46,000 for five weeks, right at the .786 Fibonacci retracement of the June into November uptick. Two bounces have faded above 51,000, carving a rectangular pattern that could yield a breakout and short squeeze toward 58,000. However, aggressive profit-taking is advised because longer-term sell cycles remain in place, threatening another leg down after sellers get flushed out of the system.

Banking stocks have performed admirably in 2021 and should gain additional ground in 2022. The best play in this group is north of the border in Canada, where The Bank of Nova Scotia (BNS) has posted a 33% annual return.  Better yet, the $62.5 billion financial institution just completed a 7-year cup and handle breakout above resistance in the upper 60s, forecasting a long-term price target above 100.  And that’s not all because the stock also pays an outstanding 4.38% dividend yield.

Related posts

February 8, 2023

OnePlus 11 review: A back-to-basics flagship phone


Read more

Categories

  • Business
  • Content
  • Exchange
  • Inflation
  • Investment
  • Markets
  • Personal Finance
  • Technology
  • Uncategorized

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021

Recent Posts

  • OnePlus 11 review: A back-to-basics flagship phone
  • 4 Technologies That Aren’t That Big Today but Will Likely Be Massive in 20 Years
  • Google launches ChatGPT competitor in strike at Microsoft
  • Factbox-U.S. stock buybacks so far in 2023: big money, fewer companies
  • Spotify upgraded at Wells Fargo as company comes off ‘margin probation’

About Us

The Alpha Cut a Vida Street LLC Company
1404 N. Ronald Reagan Blvd.
Suite 1120
Longwood, FL 32750

Link

(843) 256-4375
https://thealphacut.com

Why Us

Terms & Privacy
Policy & Procedure
Disclaimer

This material is not an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only.
Any performance results discussed herein represent past performance, not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, investment performance may be adjusted after the publication of this report. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, equal any corresponding indicated historical performance levels or be suitable for your portfolio.
All data in this communication is provided for informational purposes only and is not intended for trading or investing purposes. We expressly disclaim the accuracy, adequacy, or completeness of any data and content provided by financial exchanges, individual issuers, their respective affiliates and business partners and shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining our prior written consent.
We make no express or implied warranties or representations and shall have no liability whatsoever with respect to any data contained herein. The data may not be further redistributed or used to create indices or other financial products. This report and the views expressed herein are subject to change at any time based upon market or other conditions (such as domestic and global economic trends) and are current as of the date of publication hereof. The information, analysis, and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual or entity.
We emphasize that Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies, and can result in significant capital losses that may have a detrimental effect on the value of your investments.
Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.
Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment. The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.
Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth.As with any structuring of a portfolio of investments, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.
The information, analysis and opinions expressed herein are for general, impersonal information only and are not intended to provide specific advice or recommendations for any individual entity.

copyright © Alpha Cut 2021. All Right Reserved
The Alpha Cut a Vida Street LLC Company